Overview
- On Monday Adinolfi denied being a fraudster when he was questioned by a Rome judge and said many participants received repayments.
- The Procura di Roma has charged him with aggravated and continuing fraud, unlawful collection of savings, financial abusiveness and failure to declare income in connection with the social‑media betting circuit.
- Adinolfi told the court the group included about ninety voluntary participants such as professors, notaries and professionals and that he collected their money to place bets.
- His lawyers say disputed outflows total about €1.5 million and that roughly €1.3 million has been returned, and they have formally asked the court to revoke the house‑arrest order.
- Coverage points to a TV report by Le Iene as a turning point in complaints and the case raises wider questions about how informal social‑media betting is taxed and regulated.